Jupiter Topco LLC purchased a new stake in shares of Merck KGaA (OTCMKTS:MKGAF – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 3,901,539 shares of the company’s stock, valued at approximately $501,199,000. Jupiter Topco LLC owned approximately 3.02% of Merck KGaA at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Frazier Financial Advisors LLC bought a new stake in shares of Merck KGaA in the 2nd quarter worth about $25,000. Rakuten Securities Inc. bought a new position in shares of Merck KGaA in the 2nd quarter valued at about $27,000. Delos Wealth Advisors LLC bought a new position in shares of Merck KGaA in the 2nd quarter valued at about $33,000. Solstein Capital LLC purchased a new position in Merck KGaA in the second quarter worth about $33,000. Finally, Burk Holdings LLC bought a new stake in Merck KGaA during the second quarter worth approximately $39,000. Institutional investors own 0.10% of the company’s stock.
Merck KGaA Price Performance
OTCMKTS:MKGAF opened at $164.00 on Wednesday. The firm has a market capitalization of $21.20 billion, a price-to-earnings ratio of 25.04 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84. The business has a 50 day simple moving average of $163.08 and a 200-day simple moving average of $148.69. Merck KGaA has a 1 year low of $116.68 and a 1 year high of $175.56.
About Merck KGaA
Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.
The company’s operations are organized mainly into three businesses.
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